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The New World. Every Minute Counts.

Published: May 24, 2022 by Michael Bruemmer

As we navigate a new way of living, working, and handling the unpredictability of COVID-19 and other potential health concerns worldwide, now is not the time to ease up on data breach preparedness. I’ve said it many times before, and I’ll repeat it, every minute counts in today’s fast-breaking data breach response environment. As pointed out in the foreword of the8th Annual Experian® 2022 Data Breach Response Guide,

“Almost everything is done and undone with a screen touch, keystroke, password, or pin.”

It is a convenient reality for consumers looking to make quick, returnable digital purchases, as it is for hackers who can cause irreversible financial and reputational harm to companies and organizations. In this world, it’s not an option to put data breach preparedness on the back burner. Every employee in your organization, from the C-suite to the call center, must stay ready.

In 2021, the average cost of a data breach was $4.24 million.[1]

Industry Perspectives, Current Data, Consumer Response

New and improved for 2022-2023, our latest Data Breach Response Guide is an in-depth preparedness page-turner, complete with predictions, trends, experienced-based advice from Experian experts, and real-world incident insight informed by servicing breaches over 15 years.

The Highlights

I’ve managed the roll-out of this guide for years, and I have to say, this guide is the most comprehensive and data-dense one yet. It has everything you need to learn how to prepare, plan, practice, audit, and manage your crisis response. You’ll get details on:

  • The Rise of Ransomware—one happened every 11 seconds in 2021[2]
  • What do businesses think about response plan drills?—84% agree their plans could be more effective with drills[3]
  • Why hackers’ top industry target is still healthcare) and why
  • How Experian® Crisis Solutions helps companiesrecover strong, much more

Cyberattack Preparation is Paramount

Cybersecurity and data breach preparedness is changing by the minute. Experian is expanding its product offerings, staying on top of rising threats, and relying on our deep experience to support partners when they need us most.

Ready to learn more about how to stay ready for a data breach?

Download the Experian® Data Breach Guide now. For additional preparedness insights,sign upfor our free resource hub.

[1]IBM & Ponemon 2021 Cost of a Data Breach Report

[2]Cybersecurity Ventures, Cybercrime to Cost the World $10.5 Trillion Annually by 2025

[3]Experian and Ponemon. 2022. Ninth Annual Study: Is Your Company Ready for a Big Data Breach

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